Renforth finishes Parbec drill program

Jan 3, 2018

2018-01-02 13:38 ET – News Release

Ms. Nicole Brewster reports

RENFORTH COMPLETES PARBEC DRILL PROGRAM AND FINANCING

Renforth Resources Inc.’s 2017 Parbec drill program finished on Dec. 22, 2017, with a total of 1,265 metres drilled to complete seven of the planned drill holes. A total of 948 samples were cut and delivered to Bourlemaque Assay Laboratory of Val d’Or, Que., where they will be assayed using fire assay with a gravimetric finish for any results over limit (a fire assay result greater than 10 grams per tonne Au).

Renforth is also pleased to announce that in December of 2017 a total of $916,480 was raised in a second closing of the non-brokered financing announced on Nov. 29, 2017. This closing resulted in the issuance of 3.35 million common share units and 12,483,000 flow through units. Combined with the previously announced (Dec. 14, 2017) closing of $148,500 this brings the total financed in December, 2017, by Renforth to $1,064,980. Using these funds, Renforth will shortly resume drilling at Parbec with planned holes and making the January, 2018, property payment due under the Parbec option agreement.

Brian H. Newton, PGeo, a qualified person as per the requirements laid out in National Instrument 43-101, has read and approved the technical information found in this press release.

http://renforthresources.com/news-releases/